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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (69408)	7/25/1999 9:28:00 AM
From: Bearded One	Respond to of 164687

Yeah, I do. I'm not making any specific timing bets (i.e., I'm not buying puts), but I believe the general trend will be down. Without looking at overall market trends, I believe that any news that comes out in the next few months will be negative (i.e., B&N signs another big deal, other stores enter on-line selling), and I don't see any news that could be positive. As for selling a ton of stuff this Xmas, I truly believe that revenue growth alone will no longer be enough to convince people to buy more Amazon. It may convince some people to hold on to the stock.